CERTYNEX IFRS ACADEMY

Tirvane's statement includes a fourth heading “miscellaneous cash flows” grouping a loan granted, a loan repayment and an insurance settlement on inventory. What is the error?

The “miscellaneous” heading must be presented outside the statement, in the notes, with the detail of each flow.

Each flow belongs to one of the three activities: investing, financing, operating.

The heading is allowed if its amount is below 5% of total flows.

The three flows should be netted into one financing line.